MARCH HOUSING MARKET CALMER THAN EXPECTED Last month, the Vancouver Island Real Estate Board (VIREB) recorded 655 unit sales board-wide (all property types). In the single-family category (excluding acreage and waterfront), 291 homes sold in March, down 22 per cent from one year ago and up 15 per cent from February 2024. Sales of condo […]
INVENTORY INCHING UP BUT STILL FAR FROM IDEAL Inventory in the Vancouver Island Real Estate Board (VIREB) area is slowly inching up but is still far from ideal. Active listings of single-family homes rose by nine per cent from but increased by 60 per cent from February. VIREB’s inventory of condo apartments in March dipped […]
Nanaimo Market Stats for March 2019 We are still seeing a more balanced market with value for both buyers and sellers. The average sale price has only slightly changed compared to this time last year with an average of $546,656. The amount of homes listed has increased 3% with a decrease of -4% in […]
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